PART 2Appointment of Scheme Administrator

Appointment of Scheme Administrator3

1

The Department may appoint a person who has applied to the Department to establish and maintain a tenancy deposit scheme of a description prescribed in Part 3 where the Department has approved that application under the Regulations.

2

The Department must not approve an application where the applicant:—

a

has been convicted of any offence involving fraud or dishonesty;

b

is a bankrupt; or

c

is disqualified from being a director of a company.